We also make these AI and RPA generated matches reviewable, pre-posting to the system-of-record. This approach eliminates the problems being caused by cloud-based cash application solutions mismatch, which causes unwanted and unproductive manual-rework within the billing systems. This proven ability combines Artificial-Intelligence with Human-Intelligence for First-Time-Right Decisions, which greatly impacts functional match-rates and produces higher efficiency within Cash Application, Bank Reconciliation and Regulatory Compliance processes.

This application can automatically download and extract data from EDI, EFT, A/P Portal, ACH, PCI Compliant Credit Card, Direct Debit, Lock-Box and Cash payments for both United States and International banking formats including BAI, BAI2 and MT940. Eliminate the hassle of manually comparing documents or images to open invoices. As a result, your company’s accounting system remains constantly updated and improves A/R workflow.